After Today’s Bearish Options Activity, Is Fiserv Inc’s Near-Term Analysis Positive?

 After Today's Bearish Options Activity, Is Fiserv Inc's Near Term Analysis Positive?

In today’s session Fiserv Inc (FISV) recorded an unusually high (165) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious FISV decrease. With 165 contracts traded and 5194 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: FISV161216P00090000 closed last at: $1 or 11.1% up. About 411,336 shares traded hands. Fiserv Inc (NASDAQ:FISV) has risen 4.91% since March 8, 2016 and is uptrending. It has underperformed by 4.40% the S&P500.

Analysts await Fiserv Inc (NASDAQ:FISV) to report earnings on October, 25. They expect $1.13 EPS, up 9.71% or $0.10 from last year’s $1.03 per share. FISV’s profit will be $249.81 million for 21.95 P/E if the $1.13 EPS becomes a reality. After $1.08 actual EPS reported by Fiserv Inc for the previous quarter, Wall Street now forecasts 4.63% EPS growth.

Fiserv Inc (NASDAQ:FISV) Ratings Coverage

Out of 16 analysts covering Fiserv (NASDAQ:FISV), 6 rate it a “Buy”, 1 “Sell”, while 9 “Hold”. This means 38% are positive. $121 is the highest target while $82 is the lowest. The $100 average target is 0.81% above today’s ($99.2) stock price. Fiserv has been the topic of 21 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The rating was initiated by Cantor Fitzgerald with “Hold” on Friday, October 7. Credit Suisse initiated the stock with “Neutral” rating in Friday, December 11 report. The firm has “Perform” rating given on Monday, March 21 by Oppenheimer. Cowen & Co initiated it with “Market Perform” rating and $83 target price in Wednesday, September 30 report. The rating was maintained by RBC Capital Markets on Thursday, July 30 with “Sector Perform”. The firm earned “Sell” rating on Friday, April 15 by Compass Point. The stock of Fiserv Inc (NASDAQ:FISV) has “Buy” rating given on Monday, May 9 by Argus Research. On Wednesday, October 28 the stock rating was maintained by Topeka Capital Markets with “Hold”. The stock has “Buy” rating given by Jefferies on Thursday, August 4. The stock has “Buy” rating given by Sterne Agee CRT on Thursday, December 17.

According to Zacks Investment Research, “Fiserv, Inc., a Fortune five hundred company, provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing, software and systems solutions.”

Insitutional Activity: The institutional sentiment increased to 0.87 in Q2 2016. Its up 0.15, from 0.72 in 2016Q1. The ratio is positive, as 34 funds sold all Fiserv Inc shares owned while 292 reduced positions. 56 funds bought stakes while 228 increased positions. They now own 188.23 million shares or 4.98% less from 198.10 million shares in 2016Q1.
Yhb Advsr accumulated 2,146 shares or 0.05% of the stock. Old Mutual Global Invsts (Uk) Ltd accumulated 0.26% or 126,703 shares. Natixis Asset Mgmt has invested 0.06% of its portfolio in Fiserv Inc (NASDAQ:FISV). Advisors Asset Inc holds 0.08% or 47,342 shares in its portfolio. Employees Retirement System Of Texas has 0.08% invested in the company for 50,500 shares. The Florida-based Ladenburg Thalmann Ser has invested 0.04% in Fiserv Inc (NASDAQ:FISV). American Management Company holds 3.24% of its portfolio in Fiserv Inc (NASDAQ:FISV) for 77,475 shares. Independent Consultants holds 7,173 shares or 0.25% of its portfolio. The France-based Bnp Paribas Investment Partners has invested 0.21% in Fiserv Inc (NASDAQ:FISV). Meiji Yasuda Life accumulated 5,680 shares or 0.1% of the stock. Torray Limited accumulated 3.47% or 421,196 shares. New Century Invest Mgmt last reported 1.17% of its portfolio in the stock. Mercer Cap Advisers accumulated 0.42% or 4,700 shares. Cantab Capital Prtn Llp holds 0% of its portfolio in Fiserv Inc (NASDAQ:FISV) for 1,603 shares. Community Trust Investment has invested 0.18% of its portfolio in Fiserv Inc (NASDAQ:FISV).

Insider Transactions: Since April 20, 2016, the stock had 1 buying transaction, and 9 sales for $10.50 million net activity. On Wednesday, May 25 the insider ROBAK KIM M sold $531,564. $1.33M worth of shares were sold by YABUKI JEFFERY W on Wednesday, July 20. On Wednesday, May 18 the insider Sherman J Donald bought $205,760. Another trade for 15,225 shares valued at $1.54 million was sold by GUPTA RAHUL. $1.18 million worth of shares were sold by KEARNEY DANIEL P on Wednesday, May 11.

Fiserv, Inc. is a provider of financial services technology. The company has a market cap of $21.93 billion. The Firm operates through two divisions: Payments and Industry Products and Financial Institution Services (Financial). It has a 25.13 P/E ratio. The Payments segment provides debit and credit card processing and services, electronic bill payment and presentment services, Internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services.

FISV Company Profile

Fiserv, Inc., incorporated on February 19, 1992, is a well-known provider of financial services technology. The Firm provides account processing systems; electronic payments processing services and products, such as electronic bill payment and presentment services, card transaction processing and network services, automated clearing house (ACH) transaction processing, account-to-account transfers, and person-to-person payments; Internet and mobile banking systems, and related services, including document and payment card production and distribution, check processing and imaging, source capture systems, and lending and risk management services and products. The Firm operates through two divisions: Payments and Industry Products (Payments) and Financial Institution Services (Financial). The Payments segment provides debit and credit card processing and services, electronic bill payment and presentment services, Internet and mobile banking software and services, person-to-person payment services, and other electronic payments software and services. The Financial segment provides banks, thrifts, credit unions, and leasing and finance companies with account processing services, item processing and source capture services, loan origination and servicing products, cash management and consulting services, and other services and products. The Firm serves banks, thrifts, credit unions, investment management firms, leasing and finance companies, retailers, merchants, mutual savings banks and building societies.

Another recent and important Fiserv Inc (NASDAQ:FISV) news was published by Globenewswire.com which published an article titled: “Fiserv, Inc. (Nasdaq: FISV) to Ring The Nasdaq Stock Market Opening Bell” on September 20, 2016.

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